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Real Estate
No photos available for this listing

$1,400,000

48-49A Lowell St, Peabody MA 01960
Peabody, MA 01960
Listed by Rosa DeCastro
Bedrooms
N/A
Bathrooms
N/A
Living area
2,718 sqft
Year built
2005

About this home

Unique investment opportunity with eminent potential! Two properties are being sold as a package, 49A Lowell Street (a separate and fully equipped restaurant) excellent for expansion with the possibility to add an additional floor. Parking Lot located on 48 Lowell St. approx. 0.25 Acres (10,938 sqft) with the potential for development. Buyer/buyer's Agent to perform your own due diligence.

Property details

MLS #
73481204
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.32 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
William A Welch Sr
0.59 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
346
Student:teacher ratio
13.8:1
District
Peabody
Middle
J Henry Higgins Middle
0.57 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,393
Student:teacher ratio
13.8:1
District
Peabody
High
Salem High
1.69 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
803
Student:teacher ratio
8.2:1
District
Salem

Mortgage calculator

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated March 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.